Here are the other Personal income tax measures proposed in the Federal Budget 2017, which was recently tabled by Finance Minister Bill Morneau: · Electronic Distribution of T4 Information Slips: Information returns can be sent electronically only if the relevant taxpayer has given express consent in advance. · Tuition Tax Credit: This credit is a 15% non-refundable tax credit of eligible fees for tuition and licensing examinations paid by an individual enrolled at an eligible educational institution. · National Child Benefit Supplement: Budget 2017 proposes to delay the repeal of the National Child Benefit Supplement reference in the Canada Child Benefit...

Here are some more highlights of the Federal Budget 2017, recently tabled by Finance Minister Bill Morneau:
- Budget 2017 proposes to make available up to an additional $400 million through the Business Development Bank of Canada on a cash basis over three years for a new Venture Capital Catalyst Initiative that will increase late-stage venture capital available to Canadian entrepreneurs. - In Budget 2017, the Government will invest $7 billion to support and create more high-quality, affordable child care spaces across the country. - In Budget 2017, the Government will invest more than $11.2 billion in a range of initiatives...

The Finance Minister Bill Morneau recently released this year’s federal budget, the second federal budget under the Liberal government. In a nutshell, the Federal Budget 2017 focuses on investments in infrastructure and innovation while avoiding major tax changes.
The Finance Minister announced that the final budgetary balance for the 2016-2017 year is a deficit of $23 billion, slightly higher than what was announced last year. The 2017-2018 deficit is expected to be $28.5 billion including an adjustment for risk of $3 billion. Projections for the following years are as follows: 2018-2019 will have a deficit of $27.4 billion, 2019-2020 with a...